Credit card humor

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    • #6891
      AvatarNeodymium60
      Participant

      Received a solicitation for a credit card from Capital One with a cash advance offer of prime plus 23.74% for an APR of 31.24%!!

      People will take it and not blink.

    • #6892
      AvatarBeeg_Dawg
      Participant

      In other news, Biden administration cracks down on junk fees like ATM and overdraft charges.

       

    • #6893
      LegendLegend
      Keymaster

      Predatory lending is one of my biggest peeves. It, like state sponsored lotteries, depends on people to be really bad at math.

      It’s unbelievable to me that people will accept a 30 plus percent interest rate on purchases of anything short of a life saving procedure.

      And you are right, people will line up to access the credit.

       

      ____________________________________________________________
      Sic transit gloria mundi (so shut up and get back to work)

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